Tag: energy
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Germany tears down wind farm to expand coal mine because the dummkopfs shut down their nuclear plants
Gotta love the supreme stupidity of green dreams. Of course, they blame Russia, Russia, Russia. What a bunch of morons. German energy company RWE has begun dismantling a small wind farm to make way for the expansion of an adjacent lignite coal mine, a move the company willingly acknowledges as “paradoxical”. RWE has already dismantled…
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China and France complete their first LNG transaction in Chinese Yuan instead of the U$ Dollar
This is not good news. It’s bad enough China and Russia are trading in Yuan and strengthening their alliance. Now, we have an ally, that we defend with American taxpayer dollars, trading with China in their native currency. Chinese national oil company CNOOC 0883.HK, 600938.SS and France’s TotalEnergies TTEF.PA have completed China’s first yuan-settled LNG trade through the Shanghai Petroleum…
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The world as engineered by Barack Obama
Most of the turmoil across the world and reported in the news today is a direct result of electing Barack Obama to the Presidency. The Biden Administration is full of Obama retreads and they are continuing the same policies they pushed from 2008 through 2016. They engineered the energy crisis, they interfered in Ukraine, and…
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U.S. oil reserves at lowest level since 1984. Thanks Joe Biden
We better hope there are no further oil shocks across the world. What could go wrong when Joe Biden depletes the nation’s Strategic Oil Reserves? The U.S. Energy Information Administration said Wednesday that the Strategic Petroleum Reserve declined by nearly 7 million barrels in the week ended Sept. 16, leaving it at roughly 427 million…
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GM’s clean electric car powered by 90% coal
Which burns cleaner again? Gasoline or coal? Stick that in your charging socket and smoke it.
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U.S. refines 1 million barrels of oil a day less than before pandemic
U.S. refineries closed less profitable plants during the pandemic, are performing maintenance on some, and have no plans to open new ones in the foreseeable future. They’re operating at 90% which can’t be good should something go wrong anywhere. As fuel demand crashed during the pandemic, refiners around the world permanently closed older and less…